Anthropic seeks principal for European data center deals
Anthropic is actively seeking to fill a six-figure role for a ‘Transaction Principal’ to negotiate data center deals as part of its expansion of AI operations in Europe. As the…
Investor Bill Baruch buys Arm, cites AI chip pivot and Meta deal
Investor Bill Baruch has acquired shares in Arm, highlighting the company’s recent shift towards AI chips and its partnership with Meta Platforms as key factors in his decision. Arm, which…
Mercor faces lawsuit over alleged personal data exposure
Workers are suing the $10 billion AI startup Mercor for allegedly collecting and exposing their personal data. Mercor, known for collaborations with OpenAI, Anthropic, and Meta, disputes these allegations. This…
Taiwan’s 16 major banks collaborate to develop localized AI model
Taiwan’s 16 major banks are collaborating to develop their own financial AI model to decrease dependence on international platforms that may not align with local regulatory and market needs. This…
Tesla Raises Spending Plan to Over $25B for AI and Robotics
Tesla has increased its annual spending plan to over $25 billion as CEO Elon Musk invests heavily in artificial intelligence, robotics, and chips, asserting that these expenditures are ‘well justified’…
SoftBank seeks $10B margin loan backed by OpenAI shares
SoftBank is seeking a $10 billion margin loan backed by its shares in OpenAI to finance its AI initiatives, according to Bloomberg. This move aligns with SoftBank’s strategic focus on…
OpenAI unveils ChatGPT for Clinicians, outperforms human doctors in tasks
OpenAI announced the launch of ChatGPT for Clinicians, a specialized tool aimed at supporting healthcare professionals by outperforming human doctors in specific clinical tasks, according to its benchmark tests. The…
Commonwealth Bank of Australia cuts 120 jobs amid AI integration
Commonwealth Bank of Australia has announced it will eliminate approximately 120 jobs as part of its initiative to integrate artificial intelligence into its operations. This decision includes reducing 43 roles…
Commonwealth Bank of Australia cuts 120 jobs amid AI integration
Commonwealth Bank of Australia has announced it will eliminate approximately 120 jobs as part of its initiative to integrate artificial intelligence into its operations. This decision includes reducing 43 roles…
SK Hynix reports record quarterly profit as AI chip demand surges
SK Hynix has achieved a record quarterly profit, reporting a five-fold increase in earnings driven by surging demand for AI chips, which has now exceeded the company’s manufacturing capacity. The…